News - Midlands

Love joins Family Business Breakfast panel

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Richard Love, managing partner at Odgers Berndtson in the Midlands, is the latest panelist to be announced for Insider's Midlands Family Business Breakfast on Friday (21 October) at the Malmaison Hotel in Birmingham – and there is still time to book your place.

Love joins Dani Saveker, ex-owner of Savekers; Paul Norbury, Midlands head of entrepreneurial and private client team at PwC, and Graham Muth, head of Cobbetts, Birmingham, on the panel.

Love specialises in working with family businesses and has recruited extensively for family businesses and also businesses with a family ownership legacy. Some of his clients include 2 Sisters Food/Boparan Holdings, Tyrrells Crisps, and the Wates Group.

UK family businesses are showing signs of being upbeat about the future, with 64 per cent saying they aim to expand.

Even so, a third of family businesses have reduced capital expenditure since 2007 - worryingly more so than their global counterparts - and cut back on their plans for investment. But generally they feel they have coped well and are in a good position to compete and capitalise on new opportunities.

In this Question Time-style event we discuss the main challenges facing family business. We'll examine the opportunities being a family business presents, the hurdles they face, and ask where the next growth opportunities are to be found.

Two-thirds of family businesses interviewed in a recent survey were convinced that being part of a family business has helped them through the economic slump. They see their collective purpose and sense of continuity and sustainability as greater than in other companies.

When asked, family businesses to name their top three external challenges as finance, which has moved the focus from competitors to the market place. Seventy per cent mentioned market conditions (compared with 46 per cent in 2007) and 42 per cent said they were concerned about legislation and regulation (compared with 61 per cent in 2007).

Family businesses are well placed to compete but need to challenge themselves to make sure they stay ahead of their competitors, say the specialists.

We'll discuss how Midlands companies can harness these opportunities and establish whether the government is doing enough to help family businesses spearhead the recovery.

With input from an invited audience of business owners, company directors, and professionals this is sure to be a lively debate.

Registration and breakfast starts from 7.30am. The debate starts at 8am and finishes at 9.00am, with tea and coffee after.

If you need any more information, please contact Kate Marshall at kate.marshall@newsco.com.

Our events are regularly over-subscribed therefore please register your interest as soon as possible. Please click here to register your interest.

 
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